Australia is suffering with bank and ATM closings as a result

The bank admits customers in regional Australia face 'unique challenges' and want to protect them as much as possible.

Australian bank Westpac extends moratorium on regional branch closures till 2027. Westpac said it is also investing over A$200 million over the next decade in partnership with the government-run Australia Post to allow cash and cheque transactions at select post offices. The commitment will support more than 2.2 million customers and 1,000 employees in 182 regional areas.